Plan Ledger DOL Form 5500 · updated monthly

Hedgeserv Corporation401(k)

HEDGESERV CORPORATION 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Hedgeserv Corporation reported $21,096 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,494th-largest of 5,648 plans among New York employers on file, and the 3,045th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$44,114,203
Participants with balances417
Active participants415
Employer contributions$0
Employee contributions$4,079,778
Employer contribution per active participant$0
Average account balance$105,789
Benefits paid to participants$1,421,406
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNICK LP
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 417 accts
2023$35.7M · 402 accts
2022$27.6M · 400 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,000
Investment management$45
Audit (IQPA)$16,051
Total administrative$21,096
The Hedgeserv Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Hedgeserv Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
COHNREZNICK LLP · Accounting / audit$16,051
CBIZ OPERATIONS INC DBA CBIZ MHM LL · Contract administrator$525
EMPOWER ADVISORY GROUP, LLC · Investment management$45

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$21,096 · 0.05%
2023$19,750 · 0.06%
2022$18,762 · 0.07%
Same employer
Similar plansProfessional & Technical Services · New York
Wendel, LLC NY$45.1M · 0.25%
Globe Tax Services, Inc. NY$45.0M · 0.00%
M/E Engineering, P.C. NY$44.5M · 0.22%
Kaufman Dolowich,Llp NY$44.1M · 0.22%
Psl Group America NY$43.6M · 0.19%
Intersection Parent, Inc. NY$43.6M · 0.36%
Genesis Corp. NY$43.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262417221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.